Overview

• TDs approved a cut in VAT on sales of completed apartments to 9% from 13.5% with the change taking effect overnight alongside fuel duty increases of about 2.5c per litre and a €0.50 rise on tobacco.
• Ministers confirmed a €9.4bn package with €8.1bn for public spending and a €1.3bn tax envelope after shifting €150m from tax measures.
• A €10 weekly increase to core welfare rates and a national minimum wage rise to €14.15 per hour will begin on January 1, 2026, with the 2% USC band expanded to keep minimum‑wage earners off higher rates.
• The hospitality VAT rate for food-led businesses and hairdressing will move to 9% on July 1, 2026, while mortgage interest relief is extended for another year before a 2027 phase‑out and the renters’ tax credit continues.
• The Government defended the plan as protecting jobs and stability as opposition parties attacked it for offering limited relief to households, with debate resuming in the Dáil and ministers fielding public questions on radio.